GOP's Brown on looming device tax: Why?

February 4, 2011 by MassDevice staff

Calling it a levy with no purpose or rationale, Sen. Scott Brown (R-Mass.) is seeking to revoke an excise tax set to be charged to medical device makers in 2013 as part of the healthcare reform law.

"A 2.3 percent tax just because?" Brown told MassDevice today after a speech at the Mass. Institute of Technology. "For some of these companies, that's their entire net profit. That's jobs, it's R&D, it's a whole list of other things. It's not a necessary tax."

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